16 Aug Sourced by Sound case study

Mount Gravatt, QLD

2+ 3 Bed  | 2 Bath | 2 Car – Townhouse

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Investor Brief and Strategy:

Townhouse around $500K budget, with strong growth and high rental yield

Investment Details:

• Price: from $509,000
• Rental appraisal: From $500/ week (lower end) or 5% yield
• 7km to a thriving CBD
• Boutique development of only 9
• Average growth of 10% p.a. in the past 15 years (House)

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• High Online demand
• 67% Owner Occupiers
• Affordable Market (29%)

What we liked:

“This boutique block of only 9 x 2 + 3 Bed townhouses, 7km to a thriving CBD, were great value around the $500k mark with strong rental yields at 4.7%. The owner-occupier focus and quality of these townhouses will ensure high growth and rental demand for many years to come.”

This article is provided for general information only and does not constitute personal advice, as it does not take into consideration your personal circumstances. Please consult a licensed tax or financial advisor before making any decision to invest.